About the Role
Lead all fiscal management and financial administration aspects of project and communicate any potential profitability or risk to management.
Responsibilities
- Set up, lead, and implement procedures for mega project ($200MM+) includes complex contract types, joint ventures, speciality building types and national clients.
- Ensure client contractual requirements are met for billing and A/R, includes client contract analysis to determine billing deadlines, payments terms, billable and non-reimbursable expenses, agreements for insurance and fee billings and approved staff and/or trade labor billing rates.
- Create supportive environment to develop high performing team, provide training opportunities, and engage in mentoring.
- Supervise assistant accountants and accounting clerks, provide timely performance feedback and contribute to performance appraisals utilizing talent management systems.
- Regularly audit client billing and project ledger, ensure adherence to contract requirements, GAAP and company policies.
- Implement and maintain internal project control safeguards.
- Manage A/P for vendor invoice processing, ensure proper sales and use tax and keep accounts up to date for assigned projects.
- Manage A/P for subcontractor invoice processing, ensure applicable lien waivers are submitted and contracts and insurance requirements are in place prior to scheduling payments. Report any subcontractor payment issues to project.
- Manage month-close process ensure client bills and project costs are posted or accrued.
- Manage project financial closeout with project. Ensure final contract amount and closeout documentation requirements are met and agreed by subcontractors prior to issuing final payments.
- Responsible for cash position reports and communication of potential risks or profitability to project.
- Coordinate preparation of financial, special analyses, and informational reports for project.
- Other activities, duties, and responsibilities as assigned.
Requirements
- Bachelor’s Degree in Accounting or related field, and 3-5 years related experience or equivalent combination of education or experience
- Construction industry experience preferred
- Supervisory of small team
- Strong understanding of accounting principles and company policies
- Ability to read and understand financial reports
- Analytic ability to review and assess financial data, interpret trends, and recognize inconsistencies
- Ability to apply critical thinking to manage through complex decisions and judgments
- Understand accounting implications of various contract terms
- Display actions related to profitability and risk and communicate issues
- Exercise independent judgment, identify problems and initiate corrective action
- Able to manage competing activities, requests, and short-cycle deadlines
- Self-motivated, adaptable and flexible to operate with minimal direction in complex environment
- Professional written and verbal communication skills
Skills
- SAP
- Textura
- Advanced MS Excel
Location
- Toronto, ON M4C 1M5 CAN
Work Type
- Regular
- On-site
Experience Level
- Experienced
Education Level
- Bachelor’s Degree in Accounting or related field
Salary/Compensations
- CA$90,000 to CA$110,000
About the Company
- Turner Construction Company is an equal opportunity employer and does not discriminate on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, marital status, family status, or any other characteristic protected by law. Accommodations are available, including for applicants with disabilities, in the application and recruitment process, upon request.
Equal Opportunity
- Turner Construction Company is an equal opportunity employer and does not discriminate on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, marital status, family status, or any other characteristic protected by law. Accommodations are available, including for applicants with disabilities, in the application and recruitment process, upon request.
